HHLA’s shareholders can expect higher dividends in future after the Annual General Meeting (AGM) agreed Tuesday (June 12, 2018) to increase the dividend per listed A-share to 67 cents – a rise of 13.6 per cent over 2017. A total of EUR 46.9 million will be paid out to shareholders of the Port Logistics subgroup for the 2017 fiscal year. HHLA is also preparing to invest EUR 1 billion over the next five years.
During the AGM, Angela Titzrath, CEO of HHLA, drew a positive balance and noted: “HHLA is on a solid foundation. Despite changing conditions, we see good opportunities of strengthening company’s viability and creative power in future.” HHLA’s customers can rely on their goods being handled and transported safely, quickly and efficiently in future as well. “Customer confidence in HHLA’s performance is something we have to justify every day,” she added. Customers must be at the centre of HHLA’s attention as this is the only means of ensuring that the company keeps abreast of the fierce competition between ports in the North Range and in the European hinterland.
HHLA is well prepared for the challenges of the future. Onoing investments mean that HHLA now has state-of-the-art terminal technology for handling container ships with a capacity of over 20,000 standard containers, Titzrath remarked. About EUR 1 billion would be invested over the next five years.
However, HHLA has long been more than just an operator of container terminals. “The Intermodal segment has developed very successfully and is now a second pillar of business,” she added. An extensive network with a total of 13 terminals now spans from Hamburg to southeastern and Eastern Europe. “This puts us in an excellent position at the western point of the New Silk Road.”
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